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(PETRONET) Petronet Lng complete technical analysis [charts+indicators] | Buy/Sell Petronet Lng | (PETRONET) share price targets

Complete technical analysis of Petronet Lng (PETRONET) by charts plus indicators, forecast predictions and share price targets for Petronet Lng (PETRONET)

Petronet Lng trades in NSE in Oil Marketing & Distribution sector.

Showing technical analysis as on 2024-09-03 View latest technical analysis

10 day averaged volume of Petronet Lng is 2859725

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Sep 2024	360.00	367.00	367.00	359.10	0.694 times
02 Mon Sep 2024	366.00	369.00	372.25	364.15	0.822 times
30 Fri Aug 2024	367.30	366.70	370.90	366.50	1.654 times
29 Thu Aug 2024	365.55	367.00	369.80	361.05	0.914 times
28 Wed Aug 2024	367.85	369.50	370.90	366.60	0.616 times
27 Tue Aug 2024	369.35	370.10	371.40	365.65	0.869 times
26 Mon Aug 2024	370.10	372.80	372.80	369.15	0.647 times
23 Fri Aug 2024	370.80	379.55	381.00	370.10	0.537 times
22 Thu Aug 2024	381.20	379.60	382.50	377.70	0.787 times
21 Wed Aug 2024	377.60	384.00	384.20	375.05	1.94 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 362.9, but if it comes above 362.9, then a intra day buy could be more profitable.
If you take a sell trade below 362.9, then use 362.9 as stoploss and 355.7 as target. However if you take a buy trade in stock , then use 362.9 as stoploss and 368.88 as target.

Share price targets for Petronet Lng (PETRONET)

Target Type	Value
Downside Target	253.40
Downside Target	291.40
Downside Target	321.20
Downside Target	334.05
Downside Target	350.50
Downside Target	359.10
Upside Target	370.00
Upside Target	372.25
Upside Target	372.80
Upside Target	375.60
Upside Target	377.95
Upside Target	384.20

Intraday share price targets for Petronet Lng (PETRONET)

Target Type	Value
Downside Intraday Target	355.32
Downside Intraday Target	350.63
Upside Intraday Target	368.47
Upside Intraday Target	376.93
Upside Intraday Target	363.78

Weekly technical analysis of Petronet Lng (PETRONET)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Sep 2024	360.00	369.00	372.25	359.10	0.323 times
30 Fri Aug 2024	367.30	372.80	372.80	361.05	0.855 times
23 Fri Aug 2024	370.80	370.00	384.20	370.00	1.387 times
16 Fri Aug 2024	370.90	364.35	375.60	361.85	0.542 times
09 Fri Aug 2024	366.70	354.00	370.75	350.50	0.933 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Petronet Lng (PETRONET)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Tue Sep 2024	360.00	369.00	372.25	359.10	0.063 times
30 Fri Aug 2024	367.30	371.90	384.20	350.50	0.579 times
31 Wed Jul 2024	368.50	333.00	377.95	321.20	1.003 times
28 Fri Jun 2024	330.25	309.30	334.05	253.40	0.899 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Petronet Lng (PETRONET)

Price action analysis of Petronet Lng ( (PETRONET) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Petronet Lng ( (PETRONET) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Petronet Lng ( (PETRONET) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Petronet Lng ( (PETRONET) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Petronet Lng stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Petronet Lng in short term but the sell signal is initial and weak.

Petronet Lng Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Petronet Lng in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Petronet Lng is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 370.36 and Petronet Lng (PETRONET) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Petronet Lng (PETRONET) stock. Volume based technical analysis of Petronet Lng (PETRONET) stock is negative.

Petronet Lng Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.